Case study

Going for gold

Farrer & Co took a typically practical and pragmatic approach to the project and at all times were on hand to guide the Company and its Canadian advisers and find practical solutions to conflicts with the equivalent UK rules.

Clive LineFinance Director, Serabi Gold plc

Mining and exploration company listed on the Alternative Investment Market and the Toronto Stock Exchange.

This year we advised on our first listing on the Toronto Stock Exchange, creating a dual listing for Serabi Gold plc, who we previously advised on their admission to London’s Alternative Investment Market (AIM) in 2005. Serabi is a gold exploration company involved in the evaluation and development of gold deposits in the Tapajos region of northern Brazil. The company’s primary interest is the 100 per cent-owned Palito Gold Mine and a surrounding 53,000 hectares of highly prospective exploration tenements.

Serabi is one of a growing number of our clients who, though incorporated in the UK, are active internationally. We have advised Serabi on a number of successful financings, including two recent fundraisings of £3.6 million and C$4.95 million.